Charleston’s growth, progress on major initiatives focus of annual state-of-the-port address

AJOT | November 20, 2011 | Ports & Terminals

To a record crowd of more than 550 maritime business leaders and elected officials, the leader of the South Carolina Ports Authority (SCPA) highlighted progress on Charleston harbor deepening, a re-established competitive position and key accomplishments Read More »

Port Authority of New York and New Jersey hires HDR to rehabilitate Greenville Yard

AJOT | November 20, 2011 | Ports & Terminals

The Port Authority of New York and New Jersey has hired HDR to rehabilitate the Greenville Yard in Greenville, N.J., to improve ongoing rail-to-barge-to-rail freight movements across New York Harbor. The work includes rehabilitating a barge and transfer b Read More »

India infrastructure roadblocks to deter growth

AJOT | November 20, 2011 | Ports & Terminals

India needs to reform policies concerning project execution and long term funding to fix its creaky infrastructure, which is a major roadblock to its target of achieving a 9-9.5 percent annual growth during 2012-2017, Standard & Poor's (S&P) Ratings Servi Read More »

Russian grain port restarts after storms

AJOT | November 20, 2011 | Ports & Terminals

The Black Sea port of Novorossiisk has restarted normal grain loadings after an end to storms which had delayed ship arrivals and prompted a halt in rail shipments to Russia's main export outlet, a port spokeswoman said. Read More »

SeaFreight Agencies opens 25-acre cargo terminal at Port Everglades

AJOT | November 20, 2011 | Ports & Terminals

Caribbean ocean shipping company SeaFreight Agencies, a longtime customer of Broward County’s Port Everglades, celebrated the grand opening of its 25-acre marine cargo terminal at the South Florida seaport on November 17, 2011. SeaFreight’s terminal is a Read More »

Klinge Corporation to unveil new lower-cost, marinized version of popular low-temperature solution

AJOT | November 20, 2011 | Intermodal

Following its purchase of Norfrig Equipment in Denmark, Klinge quickly become one of the leaders in ultra-low temperature storage, blast-freezing, and quick thawing. Continuing the engineering excellence established by Norfrig Equipment, Klinge is moving Read More »

Russian Railways asks to put off TransContainer sale

AJOT | November 20, 2011 | Intermodal

State railway monopoly Russian Railways has asked the government to postpone the sale of its shares in TransContainer until next year, citing poor market conditions, according to a letter to the First Deputy Prime Minister Igor Shuvalov obtained by Reuter Read More »

Canada, Mexico defeat USA in WTO meat ruling

AJOT | November 20, 2011 | International Trade

Canada and Mexico won a trade case against a U.S. law on meat labeling at the World Trade Organization. Read More »

China’s yuan could challenge dollar

AJOT | November 20, 2011 | International Trade

China's economy is moving up the value chain and its currency could "mount a challenge" to the U.S. dollar in five to 10 years, a congressionally created commission reported Wednesday. Read More »

Obama to announce Asian export deals for Boeing, GE

AJOT | November 20, 2011 | International Trade

U.S. President Barack Obama will showcase a $21.7 billion deal Boeing has struck with Indonesia's largest domestic airline, Lion Air, the White House said. Read More »

Steel exports increase in September
 exports to Asia lead month on month increase 


AJOT | November 20, 2011 | International Trade

Steel exports increased in September compared to August by 2 percent. 'While exports decreased to the US's largest export market, NAFTA, by 4 percent, that decreased was more than offset by increased exports to Asia and other Western Hemisphere markets du Read More »

US says considers whether to appeal WTO meat ruling

AJOT | November 20, 2011 | International Trade

The United States, facing a World Trade Organization ruling against a law requiring country-of-origin labels on all meat sold in grocery stores, is considering all options including an appeal, the trade representative's office said. Read More »

Wal-Mart Japan unit plans 20 more stores in 2012

AJOT | November 20, 2011 | International Trade

The Japanese arm of U.S. retailer Wal-Mart is planning to add 20 stores across various formats next year to capitalise on its rising profits in the country, its top executive said. Read More »

Cathay Pacific sees cargo volume rising in 2012

AJOT | November 20, 2011 | Air Cargo

Cathay Pacific Airways Ltd, the world's largest air cargo carrier, expects its cargo volume will return to growth in 2012 as it adds new services and capacity is seen growing 15 to 18 percent next year, its cargo director said. Read More »

Korean Air fined $5.5 mln in Australia for price fixing

AJOT | November 20, 2011 | Air Cargo

Korean Air Lines Co Ltd was fined A$5.5 million ($5.5 million) by an Australian court for its part in a cargo price fixing cartel. Read More »

Lufthansa Cargo freezes Frankfurt investment

AJOT | November 20, 2011 | Air Cargo

Lufthansa Cargo , the freight arm of Germany's largest airline, is putting on hold plans to invest around 1 billion euros ($1.35 billion) in Frankfurt as a result of a night-flight ban there. Read More »

MOL with own organization in Eastern Europe

AJOT | November 20, 2011 | Liner Shipping

Mitsui O.S.K. Lines (MOL), one of the world's largest global multimodal transportation companies, will take over all the agency activities carried out on its behalf in the Czech Republic, Slovakia, Slovenia and Hungary as part of its strategy to grow clos Read More »

TrailerBridge files for Chapter 11 bankruptcy

AJOT | November 20, 2011 | Liner Shipping

Trucking and marine freight service provider TrailerBridge Inc filed for Chapter 11 bankruptcy protection in a U.S. court. Read More »

SCHEUERLE special vehicles allow the construction of Europe’s highest wind power plant in Switzerlan

AJOT | November 15, 2011 | Breakbulk & Projects

Near the small town of Ulrichen am Griessee in the Swiss canton of Valais, SwissWinds Development has erected the highest-positioned wind power plant in Europe. A major achievement at 2465 meters above sea level which was made possible through the use of Read More »

Dockwise to sell DYT

AJOT | November 15, 2011 | Breakbulk & Projects

Dockwise Ltd has announced it has signed a letter of intent to sell its wholly-owned subsidiary, Dockwise Yacht Transport (DYT) to Coby Enterprises Corp ("the buyers"), supported by private equity and with participation of the existing management of DYT. Read More »